In 2017, Washington STEM became the program administrator for the Washington State Opportunity Scholarship (WSOS) program – a public-private partnership established by the Washington State Legislature to increase access to high-demand STEM and health care majors for low- and middle-income students through scholarships and academic support.
Both organizations had been using QuickBooks which wasn’t an ideal solution for tracking multiple programs, projects, and revenue streams over varied and sometimes overlapping timeframes. Reporting proved to be time consuming and error prone because it required multiple spreadsheets and numerous manual entries. The need for one platform with all historical financial information became mandatory.
After evaluating several solutions, MIP® Cloud was selected.